Caravela Capital

Caravela Capital is a prominent early-stage venture capital firm headquartered in São Paulo, Brazil, with a dedicated focus on the burgeoning Latin American startup ecosystem. The firm primarily targets Seed and Series A investment rounds, seeking out high-growth technology companies poised to disrupt various sectors across the region. Their investment thesis centers on backing visionary founders who are building scalable solutions for the unique challenges and opportunities present in Latin America, spanning areas such as fintech, SaaS, logistics, and proptech. They are known for providing not just capital, but also strategic support and network access to their portfolio companies.

Since its inception, Caravela Capital has demonstrated a strong commitment to fostering innovation and supporting its portfolio companies beyond just capital injection. The firm successfully closed its inaugural fund, Caravela Capital I, at a robust $30 million, which enabled them to make significant early bets on promising startups. Building on this success, Caravela Capital announced its second fund, Caravela Capital II, targeting a total of $50 million to further expand its investment capacity and deepen its presence in the region's venture landscape, with a first close already achieved.

Caravela Capital typically deploys initial checks ranging from $500,000 to $1.5 million, providing crucial early capital for startups to scale their operations, develop their products, and expand their market reach. Their portfolio includes notable companies such as Alice (healthtech), Kovi (mobility), and Conta Simples (fintech), showcasing their diverse investment interests and their ability to identify future market leaders. The firm's strategic location in São Paulo provides it with a vantage point into one of Latin America's most vibrant tech hubs, reinforcing its role as a key player in the regional venture capital scene.